WEYERHAEUSER CO·4

Mar 3, 5:46 PM ET

Keatley Travis A 4

Research Summary

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Weyerhaeuser (WY) SVP Travis Keatley Sells 19,537 Shares to Cover Taxes

What Happened
Travis A. Keatley, Senior Vice President of Weyerhaeuser Co. (WY), had a total of 19,537 shares withheld on March 1, 2026 to cover tax liabilities tied to equity vestings. The filing shows two withholding transactions: 10,510 shares at $24.53 each ($257,810) and 9,027 shares at $24.53 each ($221,432), a combined value of $479,242. These were tax-withholding disposals associated with restricted and performance stock unit vestings, not open-market sales for investment purposes.

Key Details

  • Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (appears timely).
  • Prices and amounts: 10,510 shares @ $24.53 = $257,810; 9,027 shares @ $24.53 = $221,432; total 19,537 shares / $479,242.
  • Shares owned after transaction: not specified in this filing.
  • Footnotes: F1 = shares withheld to cover taxes on 2022 restricted stock unit vesting (fractional shares settled in cash). F2 = shares withheld to cover taxes on 2023 performance stock unit vesting (fractional shares settled in cash).
  • Transaction code F indicates shares were disposed to satisfy tax withholding for award vesting.

Context
Withholding shares to cover taxes is a routine administrative step when RSUs/PSUs vest and does not necessarily reflect the insider's view of the stock. This is effectively a cashless settlement of tax liability rather than an intentional market sale; retail investors typically treat these transactions as neutral.